Advance Auto Parts Inc [AAP] stock is trading at $47.78, up 3.11%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AAP shares have gain 8.44% over the last week, with a monthly amount glided 8.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Advance Auto Parts Inc [NYSE: AAP] stock has seen the most recent analyst activity on December 13, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $45. On October 15, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $55 on the stock. Mizuho started tracking the stock assigning a Neutral rating and suggested a price target of $78 on March 19, 2024. BofA Securities downgraded its rating to Underperform for this stock on November 16, 2023, and downed its price target to $43. In a note dated October 10, 2023, TD Cowen initiated an Market Perform rating and provided a target price of $55 on this stock.
Advance Auto Parts Inc [AAP] stock has fluctuated between $35.59 and $88.56 over the past year. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Advance Auto Parts Inc [NYSE: AAP] shares were valued at $47.78 at the most recent close of the market. An investor can expect a potential return of 13.02% based on the average AAP price forecast.
Analyzing the AAP fundamentals
Advance Auto Parts Inc [NYSE:AAP] reported sales of 10.70B for the trailing twelve months, which represents a drop of -21.00%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.42 points at the first support level, and at 45.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.33, and for the 2nd resistance point, it is at 50.88.
Ratios To Look Out For
For context, Advance Auto Parts Inc’s Current Ratio is 1.34. In addition, the Quick Ratio stands at 0.62 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 1.10 and price to earnings (TTM) ratio is 65.58.
Transactions by insiders
Recent insider trading involved Finley Tammy M, EVP, General Counsel, Corp Sec, that happened on Dec 05 ’24 when 1276.0 shares were sold. Officer, Finley Tammy M completed a deal on Dec 05 ’24 to buy 1276.0 shares. Meanwhile, EVP, Chief HR Officer Soler Kristen L bought 925.0 shares on Nov 26 ’24.
